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. and may god continue to bless the united states of america. thank you. >> and that was secretary of state hillary clinton speaking at the state department about tuesday's attack in libya that killed u.s. ambassador chris stevens and three other americans, saying that this is an attack that should shock the conscience of people of all faiths and reminding people that the u.s. is a force for peace and progress and that this attack was by a small and savage group of individuals. we remind you that president obama will comment at the white house less than an hour from now. we will also bring you that statement live. this has been a cbs news special report. i'm norah o'donnell along with charlie rose in new york. for those of you in the west, our coverage of this breaking news story continues. >>> good morning. to our viewers in the west, it is wednesday, september 12th, 2012. welcome to ""cbs this morning." the u.s. ambassador to libya has been killed. we'll have complete coverage from the middle east to washington. >>> the white house denies the president is snubbing israel's prime minister
's been no confirmation from the united states. the secretary of hillary clinton issued a statement. but she added there is no justification for violence. emily buchanon has more. >> inferno overnight at the u.s. consulate in benghazi. militants stormed the compound and set fire to buildings. it's not clear yet how the ambassador died, but reports suggests his car may have come under rocket attacks as he and others were trying to escape. the anger was sparked by a provocative film made by an israeli american about the life of the prophet muhammad. >> my name is christopher stevens and i'm the new u.s. ambassador to libya. >> the american ambassador of christopher stevens had a lifelong interest in the middle east. he had been in libya for less than four months after taking up his post in may. the killings was strongly condemned by libya's general national congress. it's not clear who is responsible. some suggest hard line groups. but the country's deputy interior minister accused realm thans for testing about the treatment of gaddafi. >> let's go live to libya. our correspondence --
. >> warner: the president said the united states would work with the libyan government to track down the perpetrators. >> today, we mourn four more americans who represent the very best of the united states of america. we will not waver in our commitment to see that justice is done for this terrible act. and make no mistake, justice will be done. >> warner: for now, the pentagon ordered special units of marines to libya called "fast" teams, like this detachment shown training, to reinforce security at diplomatic sites in libya. and from tripoli, the president of libya's national assembly echoed the words of his american counterparts. >> ( translated ): we apologize to the united states of america and to the american people and to the whole world for what happened, and at the same time we expect the rest of the world to help us face these cowardly criminal acts. we refuse to use our country's land as a scene of cowardly reprisals. >> warner: those reprisals came apparently in response to internet clips of a film titled "the innocence of muslims" that crudely defamed the prophet muhamm
the united states rejects the efforts to denigrate religious beliefs of others, we must oppose the violence that took the lives of these public servants. again, the president will speak about this attack 10:35 eastern, we will carry it for you. and the u.s. embassy in cairo attacked. an american flag was ripped down and destroyed there and remember, we've given billions in aid to egypt. coming up in a few moments, ambassador john bolton will join us, where is america's mideast policy headed and should we keep paying? just this morning, germany's top court approved that nation's participation in a european bailout, paving the way for money printing in europe. and the markets like it. here is a look at dow futures, oil and gold. all of they will are up this morning, as of right now, they're all up. and they were up a whole lot more before the news of america's ambassador being killed in libya, before that news came out. we're up a lot more. we've got a big day for apple. a new iphone expected to be unveiled and mark zuckerburg, says it's time to double down on facebook, we're watching both bi
is that the undocumented would then stay in the united states. so some people not liking this. >>> a single mother of 4 losing big time against the big-time record labels in the minneapolis "star tribune." an appeals court reinstating a jury's decision to level. listen to this, a $222,000 judgment against jamie thomas rassett. the court reduced damages to $54,000. the recording industry accused her of illegally downloading more than 1700 files. >>> all right, while you were sleeping a decision made thousands of miles away that will have a dramatic affect on the world economy and your stock portfolio. yeah, a court across the world that holds the global economy in its hands. the story coming up. [ female announcer ] caroline penry began using olay total effects in 2001. since then, there's been one wedding, 2 kids, and 43 bottles of olay total effects. so in spite of 185 tantrums 378 pre-dawn starts and a lot of birthdays, caroline still looks amazing. thanks to the trusted performance of olay you can challenge what's possible. 60 years, millions of women, real results. but proven technologies allow nat
at this crisis? speak of the united state unites attacked september 11, 11 years ago, and united states attacked september 11 yesterday. what does that mean? the united states territories, the embassy, it was egypt and libya. were they coordinated attacks? when the president came out, as you rightly did, he should have followed that by saying these attacks are not going to be tolerated, we will hold the host governments responsible for this. some indication even in egypt there was advanced warning these attacks are coming which is why the americans had gotten out of that embassy. the president of the united states needs to say to those countries who will hold you responsible, have to protect our people, you have to have better protection of our people and if you don't do that we will reassess our relationship with you because if you don't stand strong right now, this is what happened to jimmy carter and why ronald reagan was elected. jimmy carter did not do something strong. he apologized, said let's try to negotiate and that is the kind of response i heard from president obama. dagen: did we ha
about the u.s. response? what the united states is now doing? >> you mentioned it briefly, erin. right now, we've learned two navy warships are heading to the coast of libya. both of those are equipped with tomahawk cruise missiles. those are satellite guided and can be programmed to strike a specific target. now, when one got the order, it was just a couple of miles away. the other was a few day's sail. but we know that the u.s. had been conducted drone flights over libya for months. today, we learned that surveillance will be much more focused on trying to find the insurgent cell responsible for this attack. so, between the drone surv surveillance and these two ships, when they get there, that gives the administration some options. >> what's the response on the ground in libya to that, to the fact united states is sending in warships? marines? >> we have not heard a reaction yet from the government here. they have been busy electing a new prime minister amid this chaos and what seems to be a real disaster for the new libya, but i have spoken with ordinary libyans to get their reactio
the united states to take a tougher stand against iran over its nuclear program. >> to ease tension he spoke for an hour with benjamin netanyahu. >> the world says wait there's still time. i say wait for what. >> flash floods, knocked out power to thousands in las vegas. >> oh, wow. oh, my goodness, guys. >> here we go. >> downtown l.a. when a chase came to a dramatic end between officers and the armed shootout. >> could kate be pregnant? she was toasting with water not wine. >> whoa. he got the ball. >> i know. >> this guy needs to be moved to a home. >> tell me what oprah smells like. >> smells like diamonds. >> let the buzz begin. apple is set to announcement the latest version of the iphone 5 today. >> enjoy those last five hours before your current iphone stucks. captioning funded by cbs >>> welcome to cbs "this morning." angry dispute over insulting islam's central figure. protesters burned down the american consulate in benghazi, libya. >> libyan officials say it killed the u.n. ambassador to libya and three of his staff. holly williams is in antakya, turkey. >> reporter: the ambassad
of the president of the united states. he deflects it and he attacks romney admitting this is a botched statement, holding the egypt government responsible for something like this is absolutely something they need to do if they want to have continued cooperation from the united states. >> and i want to ask peter brooks, old friend, so hillary says today in her comment that we reject these acts, quote, unquote, we reject these actions, but the president says later we will bring to justice. how he's going do that, i don't know. we will bring them to justice, peter brooks. what the hell does that mean? would you please tell me because to me, he is more interested in promoting these muslim states running through the art than he is promoting american influence and leadership in that region. that's what's got me really bugged, peter. how is he going to bring them to justice? >> i certainly can't channel president obama. i'm not the right person to do that. what i hope he means here is that the government of libya does not bring these guys to justice that we're going to take action including military ac
in the united states. some indexes they watch on a weekly basis have been lower recently and that will fuel a lot of talk about a bit of a slowdown. front-running the fed, guys, did you see what happened yesterday? i pointed out some of the biggest etfs in the high yield area. i'm talking about j&k had heavy volume and hitting new highs. why is that happening? a lot of people believe at the minimum the fed is going to extend forward guidance to keep interest rates low to at least 2015. all of that would be a big beneficiary to high-yield funds who are forcing people to go out on the yield curve. this is one simple way people are already anticipating exactly what the fmoc is going to be doing. back to you. >> terrific, bob. got to ask rick. looks like people sell bond, shift bonds to the dollar. rick is at cm group in chicago. >> thank you. i guess we should welcome europe to the same club the u.s. is in. lots of liquidity. maybe more liquidity coming. and a generally weak economy. welcome to the club. if you look at our charts, they pretty much reflect a lot of what central banking is doing
on income, poverty and health insurance coverage in the united states. >>> and golfer arnold palmer will receive a congressional gold medal for his contributions to the game as well as his civic work. >>> all day long you can stay on top of the very latest developments in those stories and others as they break on msnbc. and tonight be sure to watch brian williams with "nbc nightly news." >>> and, finally, here's a look at what's coming up later this morning on the "today" show. what you need to know about a new study that's casting doubt on the benefits of fish oil supplements. and "america's got talent" judge howie mandel previews tonight's big million-dollar battle between the show's six finalists. >>> now keep it on this channel for continuing local news, weather, sports, and more. i'm mara schiavocampo. thanks for watching "early today," just your first stop of the day today on your nbc station. have a good one. -- captions by vitac -- www.vitac.com
and prayers. the united states condemns, in the strongest terms, this outrageous and shocking attack. we are working with the government of libya to secure our diplomats. i have also directed the administration to increase security and diplomatic posts around the world. make no mistake, we will work with the libyan government to bring to justice the killers who attacked our people. since our founding, the united states has been a nation that respects all groups. we reject all efforts to denigrate religious beliefs of others. there is no justification to this type of senseless violence already, many libyans have joined us in doing so. this attack will not break the bonds between the united states and libya. the libyans of bat against the attackers alongside americans a they carry the ambassadors body to the hospital. at the height of the revolution, chris let our diplomatic post in benghazi. he built partnerships with libyan revolutionaries and helped them as they planned to build a new libya. we have relied deeply of his knowledge of the situation there. he was a role model to all who wo
critics. >> mob of al qaeda sympathizers in egypt forcing the united states into making a statement essentially of apology. on 9/11 of all days, for something which we are not responsible for. i would say to the mob, go to hell. >> reporter: the administration later disavowed its own embassy's response saying the statement by embassy cairo was not cleared by washington and does not reflect the views of the united states government. the ultimate fear for the administration, that libya and egypt may be just the beginning. will this be contained in those two countries or there will be uprisings in other countries, as well? that's something we obviously don't know. but u.s. embassies around the globe have been told to on high alert. back to you guys. >> thank you. >>> in a statement this morning, secretary of state hillary clinton identified one of the other americans killed. he is shaun smith a foreign service information management officer. he was a husband and a father of two. >>> the secretary of state added that diplomats and development experts stand on the front lines every day f
gad gad gad. >> since our founding the united states has been a state to respect all states but there is no justification for this senseless violence. >> the president joined soth clinton in meeting with the state department employees, some worked with the victims. mr. ob yaum and secretary clinton signed a book of condolences at the state department. >> how could this happen in a country we helped liberate in a city we helped save from destruction? this was an attack by a small and savage group. not the people or government of libya. >> attack in libya after crowds stormed the u.s. embassy in cairo, the egyptian mobs believe that movie insults islam. >> republican presidential candidate mitt romney criticized mr. ob yaum's response to anti-american protests throughout the muslim world. >> a terrible course for america to stand in in apology for our values that instead when our grounds are being attacked, and being breeched, that the first response of the united states must be outrage at the breech of the sovereignty of our nation. >> president obama announced he's ordered i
penetrated than the united states. there is a big opportunity. >> to that point i can tell you foreign policy jon fortt who is inside there, tim cook is showing a video of the barcelona store opening now saying they have 380 stores in 12 countries, 13th country sweden is coming. 1 million people around the world using apple's products. peter, apart from the iphone 5, what else will move the stock here? >> be interesting to see if there's anything along the lines of -- well, we know they'll talk about a facebook integration. we don't expect to hear much about music and tv and movies. if there is much there, that will be an interesting surprise as well. john barr, you've clearly got skin in the game. let me tell you now, more news coming from tim cook. he's talking about the recent mac updates, including mountain lion. he says apple notebook is now number one in market share in the united states over the last three months at 27%. that probably won't surprise you. what do you want to hear, here on in? >> we've been long term investors in apple due to their ability to generate great new products.
of the united states of america. we will not waiver in our commitment to see that justice is done after this terrible mistake. make no mistake justice will be done. >> i have spoken to other officials they have gotten early signs from the obama administration to senator mccain that this in fact was a planned attack in libya and they are still investigating all of those leads. one is the potential that it was on the 9-11 anniversary. they don't want to jump into any conclusions yet. >>> they are no stranger to the comparisons in the way that president carter waffled in iran and original hostage taking. night and day a lot of differences obviously. how are they trying to distinguish itself from that debac debacle? >> they put secretary clinton out there first this morning. she gave comments even senator mccain your last guest as a republican accident out a sweek saying she hit the mark perfectly in his eyes in terms of dealing with the emotional aspect of this the ambassador and three other americans killed in addition to dealing with the u.s. i didn't see him send out something in respon
the united states of america. thank you. >> you've been listening live to secretary of state, hillary clinton, speaking there in washington, talking about the attacks, the deadly attacks a at the embassy in libya where four americans were killed, including our u.s. ambassador to libya, chris stevens, who has bay area ties. that's a picture of him there. she says he will be remembered as a hero by many nations. she said this was an attack by a small and savage grew, not the government of libya. she said there were a lot of libya who helped the americans, taking them to the hospital. she also said the -- clinton said she has spoken to the interim president of libya. he's apologized and condemned this violence. clinton says a free and stable libya is still in their interest. they will not not -- they will not rest until those responsible for this are brought to justice and she also pointed out this happened on september 11th. we're going to continue to follow this story here throughout the morning on ktvu "mornings on 2" and in developing news in about 35 minutes, president obama will comment on
obama left the white house now, but earlier today, he vowed to find the murders. >> the united states condemns in the strongest terms this outrageous and shocking attack. we're working with the government of libya to secure our diplomats, and i directed the administration to increase our security at diplomatic posts around the world, and make no mistake, we will work with the libyan government to bring to justice the killers who attacked our people. >> general national congress of libya just relesioned a statement calling the attack a disapproval or condemning and disapproving of the criminal attack on americans. president obama left here a short while ago headed to nevada for campaign events. back to you. liz: okay. thank you very much, rich edson. again, the conflicting information. now it could possibly have been a very coordinated military style attack versus an angry mob. we are following the story closely. gerri willis will have more on it on her show as well as melissa francis. in the meantime, live here in san fransisco at the intel forum. what's this mean? listen, this is a d
of the oil from the middle east has to go through in order to get to europe and the united states. libya, for example, has brought its oil industry back online. it is pumping more than i believe a million barrels a day. these are essential to the oil markets internationally and to the price of gas here in the united states. so it's not just oil. it's also international security. it is future of israel. it is our long-term interests in the middle east. melissa: is it working? i hear what you're saying and you look at pictures and see what happens, you have to ask yourself is it working? >> of course those of us who have been out there, we're shocked and we're obviously very, very saddened by these events and our first reaction of one, gee, why does this happen? what we have to do is first of all see what the governments will do in response to these attacks. they have an absolute responsibility to protect embassies and diplomatic establishments. this was not done at all in the case of egypt. the libyans tried. there was a major gunbattle with terrorists involved. we have to see in days ahe
of the health care in the united states continue to rise. annual premiums rose 4% for americans who got their insurance through work. the annual premium is close to $15,000. facebook ceo mark zuckerberg made his first public comments since may. he called the stock's performance disappointing but is remaining hopeful. facebook shares have lost nearly 50% of their value since the ipo. and let the buzz begin, apple is set to announce the latest version of the iphone today. industry analysts aspect the new iphone will have a larger screen, a smaller dock connector and faster processor. also likely to have a different face than the iphone 4. >> the 4s is iphone 4. you couldn't tell the difference. this is a phone you can see from across the room and know it's the newer device. >> reporter: the new iphone isn't just revving up gadget geeks. sales of the next generation smartphone could add up to half of a percentage point to the fourth quarter gdp. quite a product there. >> i know. it will help the whole economy. >> reporter: might bring me over. >> come hang with the cool kids. >> reporter:
to have more competitors, last year the united states had like 87% of the global market, 60 some odd billion dollars. what you'll see is they will not have as high of a share. i think the u.s. company share will drop back closer to 50%. >> tom: does the market shrink as well? or does that market continue to grow even with more competitors? >> well, the market grew substantially this year, primarily because of the threat that many middle east countries perceive from iran so, that was the big uptick in the global market. but again i think that the competition will be in what we call the developing countries, europe is not increasing its defense budget, our budget is going to, it's already going down and it probably will go down even more, even if we don't get sequestration, you will see further reductions as we try to grap well the deficit. >> tom: what's your best guess on this, i know you're in the a company analyst, but do you think this deal passes regulatory muster internationally? >> i think it will, because we had the same questions back in the 90s when we had, for example, lock
abroad. i am concerned about homegrown jihadist. more inside the united states. something close to 9/11 but maybe not identical to the one thank you very much. we find it kind of scary, but a reminder that it's history. it doesn't mean that history can't be repeated. we will have more. these fellas used capital one venture miles for a golf getaway. double miles you can actually use... but mr. single miles can't join his friends because he's getting hit with blackouts. shame on you. now he's stuck in a miniature nightmare. oh, thank you. but, with e capital one venture card... you can fly any airline, any flight, any time. double miles you can actually use. what's in your wallet? alec jr? it was a gift. neil: you know, all this time i thought it was the kids that were the victims of the chicago teachers strike. leave it to "the new york times", specifically the teachers unions, the times headline says it all in the latest scandal. unions under siege. that even had to get your attention. >> it did, it did two. neil: do you think they are under siege? >> they are not popular in america
. the interim president of libya has apologized to the united states for the attack that killed the american ambassador and a bay area native chris stevens. this is his picture. stevens is one of four americans killed in a rocket attack at the u.s. embassy in benghazi. alison burns is live in our washington, d.c. bureau now to tell us what happened and what sparked the violence. >> reporter: at this hour it's unclear who is responsible for the attack that killed ambassador chris stevens. stevens and three other americans were killed on a rocket strike on the american consulate. their deaths came as protestors allegedly angry about an online film that is offensive to islam attacked u.s. compounds in libya and egypt. pictures from the scene are airing on cnn. a former pentagon spokesperson is suggesting the attacks might have been coordinated and linked to the 9/11 anniversary. the jib january government is condemning the attacks. stanes -- president obama is calling him a courageous representative of the united states. secretary of state hillary clinton say there is is profound sadness over h
when a mob attacked the united states consulate in benghazi. stevens was raised in piedmont. >>> ambassador stevens' body and those of the other victims will be on their way to a u.s. military base in germany before heading home. a marine anti-terrorist team is on the ground providing security. the ambassador is again many that means here and in washington there's mourning. >> as an lamb an -- as-salaam alaikum. my name is chris stevens. >> the piedmont native spent most of his diplomatic career in the arab world with two tours in libya before he was appointed in may. five months after getting the job his life came to a violent and chaotic end when protesters stormed the embassy in benghazi. >> we condemn in the strongest terms, this senseless act of violence. we send our prayers to the families, friends and colleagues of those we've lost. >> three other americans died in the attack which was patient fully reaction to an online movie made by a california film maker that in s islam and the prophet mohammed. president obama took to the coast garden7laÑu to vow killers would b
showing the iphone could impact the entire united states domestic product. >> reporter: that's right. analyst jp morgan says it could boost the gdp by a half percentage point. answers should be later this morning when we find out what is at the center of this apple core. jay grarks nbc news, san francisco. >>> here is your "first look" at headlines around america. in florida, a dramatic end to a high speed chase after a car smashed into the back of another car before coming to a rest along i-95. two men and a teenager took off running. the trio may be linked to a series of burglaries. >>> in utah, a breach of earth -- strong thunderstorms were too much for the dike. the flooding forced evacuations. >>> in pennsylvania, heartless act of vandalism. the target, animals. a goat and horse were separate painted over the weekend. they are sitting on the farm. the owners think they tagged mailboxes. finally, could this be the future of our military? the pentagon backed darpa program has robot dogs. it could lighten the load for our troops. gps keeps them moving in the right direction. now, f
phone could positively impact the entire united states grows domestic product. >> reporter: that's right. analysts at jpmorgan suggest that massive sales could actually boost the country's gdp by 1/4 to 1/2 a pcentage point. the economic and technical questions swirling around the iphone should begin to be answered later this morning when we find out just what's at the center of this new apple's core. jay gray, nbc news, san francisco. >>> now here's a look at some other stories making news early today in america. in florida, a dramatic end to a high speed chase after a car plowed into a guardrail, spun out, and smacked into the back of another car before finally coming to a rest along i-95. two men and one teenager inside took off running but plus captured them. the trio may be linked to a series of burglaries. >>> in utah a massive breach in a dam sent water and mud flowing into dozens of homes and businesses. strong thunderstorms and heavy rain were too much for a dike causing a gash 80 feet wide and 30 feet deep. >>> in pennsylvania, a heartless act of vandalism. the target, animals.
how the united states is responding next. first as we do every day at this time of day, check out how oil is moving right now based on that news out of libya. not moving much at all. down 11 cents. $97.11 a barrel. before copd... i took my son fishing every year. we had a great spot, not easy to find, but worth it. but with copd making it hard to breathe, i thought those days might be over. so my doctor prescribed symbicort. it helps significantly improve my lung function starting within five minutes. symbicort doesn't replace a rescue inhaler for sudden symptoms. with symbicort, today i'm breathing better. and that means...fish on! symbicort is for copd including chronic bnchitis and emphysema. it should not be taken more than twice a day. symbirt may increase your risk of lung infections, osteoporosis, d some eye problems. tell your doctor if you have a heart condition or high blood pressure before taking it. with copd, i thought i'd miss our family tradition. now symbicort significantly improves my lung function, starting within 5 minutes. and that makes a difference in my breathin
representative of the united states. as you mentioned he grew up in the bay area and graduated from uc berkeley. steven and three others were killed in a rocket attack on the american consulate. their deaths came as protestors angry about an online film that is offensive to islam attacked u.s. compounds in libya and egypt. pictures from the scene are on cnn this morning and one analyst says he believes the killings are part of a plot against the u.s.. >> they not only attack the embassy but they have someone laying in wait to attack the ambassadors car. it's more than just a crowd going after attacking about a film. >> reporter: of course there are a lot of unanswered questions this morning like who is responsible, why wasn't there better security? we will be pushing for answers for you here on ktvu. reporting live from washington, alison burns. >>> in egypt outrage over that film sparked violence at the u.s. embassy there. protestors climbed the embassy wall and grabbed the flag and replaced it with a egyptian flag. >>> ktvu tara moriarty is in alameda where the red cross is on the scene to he
of state hillary clinton adds, the united states does working with other nations -- is working with other nairgses around the world to -- nations around the world to make sure our embassies and workers are safe. >>> prince george's county police are talking with students and staff, will be this morning at central high school. they're trying to find out if anyone had any problems with 18- year-old marckel ross. the junior was shot and killed yesterday morning as he was walking to school. kristin fisher is live outside central high school with the latest on the investigation this morning. this is so sad, kristin. >> reporter: it's a very sad story. prince george's county police say they still have no suspects and no motive 24 hours after marckel ross was shot and killed while walking down a sidewalk less than a mile away from his high school, central high school. he was just walking his regular one and a half-mile route to school yesterday morning when he was gunned down. his brooks and school bag were found scattered all over the sidewalk. this 18-year-old was very well known at central hi
at the historical evidence. why did the united states have another pearl harbor? we were fighting the battle. otherwise the japanese would have attacked in general and san diego. anything care for 9/11. neil: what you think of that? are we just emphasizing the wrong thing? >> the terrorists also look at our system of communication. we look at what is vulnerable. it will continue to be airplanes. that doesn't mean they won't target metros or trains or other types of transportation. we have seen that we have been trying to look at other airplanes. >> they have looked at trains in madrid. we have looked at transportation beyond planes, but here, by and large, planes. do you fear that bad switches that? >> they are going to choose not always planes or trains, but wherever there is a large mass of passengers taking one kind of traveling system. neil: do think something along the magnitude of 9/11 could happen again? >> i am not thinking that about a group of 19, 20, or 30 coming from abroad. i am concerned about homegrown jihadist. more inside the united states. something close to 9/11 but maybe
. a magnificent building. >> it's going to be the tallest in the united states. >> tallest building in the united states. that's right. even taller than the building, still sears tower in chicago. i know you know chicago. >> hancock building. >> there you go. >> we can call it the sears. >> the willis. >> what you talking about, willis. >> used to be the second largest, the hancock, the willis. call it sears tower. >> let's just move on. >>> all right. there is still no sign of a breakthrough in chicago. teachers strike enters day three at 350,000 students remaining out of the classroom. the union president says they're miles apart from reaching any agreements. more from abc's alex perez. >> reporter: union teachers holding strong at the picket line in chicago, refusing to back down. >> we did not start this fight. >> reporter: the fight is about a program that would eventually base as much as 40% of a teacher's evaluation on standardized test scores, a formula that union argues will unfairly cost teachers their jobs. mayor rahm emanuel believes the new measure will help turn around the district'
's the leading cause of liver disease and liver transplants here in the united states. even with a transplant, the hepatitis will go right on attacking the new liver. this is a huge disease. it inflicts 170 million people around the world. which is just terrible, tragic. from a business perspective, these companies are involved. hep c can be a $20 million market opportunity. it's too darn good for many drug companies to pass up. now, i've talked about the game-changing new drugs developed for hep c on the shelf. but in recent months, there's been a reshuffling, major changes in the competitive race. i've got to keep you up on it. that's why tonight, i want to keep this opportunity in front of you and let you know who will benefit the most from the reshuffling of the order, the changes that have gone on and who can be the winners here. there are a lot of horses in this race. there was bristol-myers, abbott labs, johnson & johnson, six months ago bristol-myers was in the definite lead. but one of the patients taking their hep c drug in the clinical trial had a heart attack. and the company put
those good things. so you can start ordering them on friday. it starts deliveries in the united states the following friday on the 21st. we'll have more on this coming up all day here. let's get to brian shactman with his market flash. >> thank you very much, bill. there is news out there outside of apple. i want to take a look at dole foods, the iconic brand now a smaller cap company just under $1 billion. right around 1:00, the nikkei reported. the headline and the subheader, they reported a japanese company was acquire two dole food units for $1.7 billion. the subhead says they hope to reach an agreement this month. the price spiked. the stock is up 10%. back to you. >> thank you so much, brian. if world investors are right, get ready for another intervention to boost the economy. >> mean time, we're going to talk about whether it's needed or not. peter says any fed action is not going to help and it's wrong. others say the economy needs it right now. let's talk about it and get your perspective on this. peter, you saw the employment numbers last friday. you don't think we need more
with the european debt crisis, and even within the united states, with it being an election year. >> reporter: but burberry says it has been talking to other luxury goods makers, so it knows it's not alone in seeing the slowdown. as a result, luxury good stocks like lvmh, tiffany, and coach also fell today, although they didn't get hit nearly as hard as burberry. it's not just luxury firms getting hurt by the global slowdown. many other bellwether firms have said revenues are suffering due to weaker sales in china, europe and elsewhere. in the s&p 500, there have been 88 negative pre-announcements for the third quarter so far, and only 20 positive ones. >> the number of negative pre- announcements we've received is the worst in over a decade. we've already seen analysts become very bearish on these companies. >> reporter: last week, chipmaker intel drastically reduced its sales forecast, warning consumers and businesses are buying fewer personal computers. the company also withdrew its full-year guidance, which is seen as a sign of extreme uncertainty. and fedex recently cut its earnings fore
could impact the entire united states gross domestic product. >> mass of cells could boost the country's gdp. the economic and technical questions should begin to be answered later this morning when we find out what is at the center of thapples core? what can you get one? early indications is there will be on the shelves september 21. jay gray, wbal-tv 11 news. >> not everyone is buying into the hype. jane king has the bloomberg business report. give us some perspective. >> this is just unbelievable. you talked about the big event in san francisco. jpmorgan chase said this could make a big impact on the overall u.s. economy. just astounded at one product could do that. there are skeptics out there. >> this could be great for the stock. most people would not be able to tell the difference between the iphone 5 and the iphone 4s. >> the bullish investors of apple are sitting by on the sidelines. shares of apple took a breather ahead of today's much anticipated event. more optimism the federal reserve will try to save the economy with another bond buying program. the of online travel booki
tarp was one of the worst economic decisions in the history of the united states. >> okay. so like i said, he does not hold back on anything he's thinking about. he will be our guest host for two hours today, and that begins at 7:00 eastern. we are also going to be talking finance with the ceo of cowen and company, jeffrey solomon, and bill isaac. plus the state of innovation, steve case will be joining us live at 7:30 eastern time. so we have a big show ahead. before we get to all of that, let's get you up to speed on the morning's headlines. andrew, good morning. >> thanks, becky. good morning to you. we will get you caught up on some of the big headlines. germany's highest court ruling that the country can ratify the new permanent european bailout fund, but there are conditions to germany's participation. here's the important part. parliament will have veto power over any future increases. we'll have more on that story in just a few moments. back here in the u.s., the fed is beginning to begin convening a two-day policy setting meeting in washington. market expectations high. many
diplomats were dead. >> the united states condemns in the strongest terms this outrageous and shocking attack. >> reporter: riots preceded the deaths, first in ki yo, then in benghazi, syria's number two city, well known to chris stephens. he was there when u.s. air raids prevented a massacre by moammar gadhafi. stephens reportedly braved the otto evacuate his people. >> he risked his life to stop a tyrant, then gave his life trying to help build a better libya. >> reporter: why the riots? clips had flooded the internet of an amateurish anti-muslim movie said to be made in the u.s. as flags were lowered in washington, the tragedy went political. >> an apology for america's values is never the right course. >> reporter: mitt romney blamed president obama for a statement by the u.s. embassy in cairo before the murders in libya, criticizing the anti-muslim movement. >> we express immediately when we feel that the president and his administration have done something which is consistent with the principles of america. >> reporter: president obama reiterated his principles. >> we reject all
bag. i mean, the math is done a little bit differently in the united states, you having done a ph.d. at harvard. they are taking care of the problem, aren't they? they are in the process? >> well, they are talking about it. i don't think they are doing any meaningful things, because in the u.s. political system, you really have to have the president, the white house, and the congress working together. and currently, the two parties are not even talking the same language oftentimes. so i do hope whatever the outcome of the presidential election in the u.s., the two parties, the administration and the parliament, the congress should work together. >> yeah, their philosophies are farther apart than ever. it's two different americas. what are you saying then? you're saying with the prospect of still a possible qe3, that a serious debasement of the dollar devaluation -- almost like a deliberate devaluation of the dollar is going to enter the conversation here? is that what you're alluding to? >> no. what i'm saying is the u.s. financial crisis is a monumental, historical event. the con
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